New Jersey has increased its so-called "mansion tax" and shifted the party who must pay the fee from the buyer to the seller. The tax has a substantial impact on owners of New Jersey real estate, but despite its expansive...more
7/3/2025
/ Commercial Property Owners ,
New Jersey ,
New Legislation ,
Property Tax ,
Real Estate Market ,
Real Estate Transactions ,
Sellers ,
Strategic Planning ,
Tax Liability ,
Tax Rates ,
Tax Reform
Assembly Bill 1425/Senate Bill 3233, which was signed into law on January 15, modifies the requirements for furnishing performance and maintenance guarantees under the Municipal Land Use Law and modifies the current...more